HomeMy WebLinkAbout7268 - Assessment District 50 - Balboa Island Street Lighting Districtr
1
RESOLUTION NO. 7 2 U 8
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH FIXING THE TAX. RATE AND
• LEVYING A TAX UPON.ALL OF THE TAXABLE PROPERTY
WITHIN THE CITY OF NEWPORT BEACH WHICH IS
TAXABLE THEREIN FOR MUNICIPAL PURPOSES AND
LEVYING A- SPECIAL ASSESSMENT-TAX UPON THE
TAXABLE PROPERTY.LOCATED WITHIN ASSESSMENT
DISTRICT NO. 50 (BALBOA.ISLAND STREET LIGHTING
DISTRICT)
Pursuant to Section 1107 of the City Charter, Section
3.08.010 of the Newport Beach Municipal Code, Section 18168 of
the Streets and Highways Code, the City Council of the City of
Newport Beach does resolve and declare as follows:
SECTION 1. There is hereby levied upon all of the
taxable property within the City of Newport Beach which is taxable
for municipal purposes a tax for the purpose of raising the
necessary money with which to carry on the various departments
and obligations of the City of Newport Beach for the current
71
fiscal fiscal year, 1969-78. The rate of the tax hereby levied shall be
fixed at the sum of $1.225 on each One hundred Dollars ($100)
of assessed value, said tax to be levied on said taxable property
within the following code areas:
7 -001 7 -011 7 -021 7 -031 7 -041 7 -051 7 -061 7 -071
7 -002 7 -012 7 -022 7 -032 7 -042 7 -052 7 -062 7 -072
7 -003 7 -013 7 -023 7 -033 7 -043 7 -053 7 -063 7 -073
7 -004 7 -014 7 -024 7 -034 7 -044 7 -054 7 -064 7 -074
7 -005 7 -015 7 -025 7 -035 7 -045 7 -055 7 -065 7 -075
7 -006 7 -016 7 -026 7 -036 7 -046 7 -056 7 -066 7 -076
• 7 -007 7 -017 7 -027 7 -037 7 -047 7 -057 7 -067 7 -078
7 -008 7 -018 7 -028 7 -038 7 -048 7 -058 7 -068 7 -079
• 7 -009 7 -019 7 -029 7 -039 7 -049 7 -059 7 -069 7 -081
7 -010 7 -020 7 -030 7 -040 7 -050 7 -060 7 -070 7 -082
7 -083
-1-
0
L J
•
•
designated and itemized for each fund as follows:
General Fund $ .8044
Park and Recreation Fund $ .1498
Library Fund $ .1299
Retirement Fund $ 1409
SECTION 2. Pursuant to Section 18168 of the Streets
and Highways Code of the State of California, a special assessment
tax is hereby levied upon all the lands, exclusive of improvements,
excepting any lands owned by the City of Newport Beach, within
Assessment District No. 50 (Balboa Island Street Lighting
District). The rate of the tax hereby levied shall be fixed at
the sum of $.0836 on each One Hundred Dollars ($100) of assessed
value, said tax to be levied on said taxable property within code
area 7 -067. Said taxes when collected shall be paid into the City
Treasury to the credit of the Special Lighting District No. 50
Account.
ADOPTED this 24th day of August, 1970.
ATTEST:
i
C y er c
ATIFIED AS XTHEO GINAI
CR Y CLERK OF THE CI T BEACH
MAM
c�'r Z� �-
Mayor
-2-
THS :mh
8/19/70